Accounting data analytics defined

Data analytics (topic 1)

In Topic 1, we defined data analytics as the process of evaluating data with the purpose of drawing conclusions to address all types of questions, including accounting questions. 

Accounting data analytics (this topic)

Now, we will define accounting data analytics as the technologies, systems, practices, methodologies, databases, statistics, and applications used to analyze diverse accounting and nonaccounting dat to give organizations the information they need to make sound and timely business decisions.

What can accounting data analytics be used for?